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AysviL [449]
3 years ago
6

When the needs of individual consumers in a target market for a specific product are similar and the organization can satisfy mo

st customers with a single marketing mix, the best approach to use may be the ____ strategy?
Business
1 answer:
kupik [55]3 years ago
7 0
The undifferentiated strategy
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When budgeting for your immediate needs, you should divide them into what two categories of expenses
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Fixed expenses and flexible expenses or Discretionary expenses
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During a pandemic, an economy goes into a recession due to a decrease in aggregate demand. Assume the government creates a progr
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The spending that would occur during the third round of spending if the marginal propensity to consume (MPC) was 0.6 will be $420 billion.

  • Increase in expenditure = $700 billion.
  • Marginal propensity to consume = 0.6

The amount of spending based on the information given will be:

= 0.6 × $700 billion

= $420 billion.

Therefore, the correct option is $420 billion.

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7 0
2 years ago
A company uses the percent of sales method to determine its bad debts expense. At the end of the current year, the company's una
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Answer: $5,440

Explanation:

When using the percent of sales method to determine bad debts, the company estimates a percentage that it believes will results in uncollectible debt and then applies it to the sales/revenue figure. The figure that is calculated is then debited along with the debit balance on the Allowance for doubtful accounts to the Bad debts account for the year and credited to the Allowance for doubtful accounts.

This company estimates that they will have 0.6% of credit sales uncollectible.

There are also $790,000 in sales of which all are on credit.

The Uncollectible estimate is therefore,

= 790,000 * 0.6%

= $4,740

This figure is then added to the debit amount on the Allowance for Uncollectible Accounts.

= 4,470 + 700

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Note; A debit balance on the Allowance for doubtful debt account signifies that the bad debts were higher than anticipated the last time. This is why the figure is added to the current bad debts expense.

6 0
3 years ago
Joe met with all of his department heads to listen to their opinions about buying a new machine. Although they all thought it wa
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Answer:

A. Democratic

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Leadership is art of guiding & motivating a group of people to achieve a common goal.

Democracy is form of governing based on considerate importance to all people's opinion in group. It is opposite of 'autocratic' governing where leader has immense power & takes decision based on only own opinion.

Joe is considering opinion of all the members of organisation, while taking a decision of purchasing a machine. He paid attention to not only opinion of department heads, but also opinion of other employees. Despite of he & department heads perceiving it to be a good idea, employees considered it to be unnecessary. Thereafter Joe didn't purchase the machine. So, his decision encompassing all people's opinion depicts Democratic Leadership.

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Ten consumers were invited to participate in a discussion on motels, hotels, and resorts. a discussion leader first asked them w
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<span>These consumers and their group leader participated in a "focus group".
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A focus group refers to a group of deliberately chosen individuals who take an interest in an arranged discourse that is planned to evoke purchaser perceptions about a specific point or territory of enthusiasm for a domain that is non-threatening and open. 
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